Warren Warns of National Security Risks with X Money's Cryptocurrency Plans

Senator Elizabeth Warren has written a letter to Elon Musk expressing her concerns over the integration of cryptocurrency features into X Money, the payment feature of his social media platform.

The senator warned that this could threaten national security and the US financial system, citing potential issues with data privacy and content moderation on X. She noted that X has faced several data privacy-related investigations and accusations of taking money from sanctioned entities.

X Money is expected to debut in April, but Musk has yet to explicitly confirm whether it will allow users to transact in cryptocurrency. However, he has shared a comment from another user speculating about the feature's crypto integration.